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Or all incidents is just an excuse so that all the person behind this fallen project can exit on crypto while the the price is still high? This series of failed project started when crypto established a downtrend. The only way for them to exit instantly is to make the company bankrupt or hacked so that all holder can’t react quickly to exit liquidity.

A story like this always happened during market. I’m speculating that this projects is already scam from the beginning same for those dead project that just doing a very slow development to make there project looks like still alive so that they can use investors money for exit liquidity slowly.

This year brought dismay on btc and the cryptosystem market a lot. So many person couldn't withstand the challenge the crypto market faced and sold their investment, some even lost their investment from the aforementioned crashes. This lead to criticism of btc by banks and social media but still btc is still standing and will have a rise in price hopefully next year. Some many altcoins couldn't withstand all the challenges and also crashed just like FTX and Luna did.

In bear market, even if there is positive news it's overshadowed by negativity that surrounds in such market while exact opposite happens in bull market, people ignore obvious signs.

Companies are adopting nfts — ethereum, solana, axelar, osmosis had significant upgrades/parterships recently. This will all blow up soon enough, and people will regret not making use of current market.

This year has been not so good for the market on a general note and it seems it will end on the same note as we are still not seeing any major pumps hitting the market taking price up.So you have presented the good infographics covering most of the reasons of these volatile scenarios but yes FTX scam was big one that have wiped billions out of market.

The other include LUNA algorithm fault and destabilising the market then 3AC meltdown holding huge funds and there was so much panic in the market at that time also but somehow it recovered a little bit after it but now again we are in same scenario.But the investors need to have money into bitcoin again to move it little bit with supply shrinking it can give boost to the prices but yes this year was messed up with bankruptcy and scams.


Frankly saying the Doge downfall was expected as it was only rising under the influence of Musk as before his interaction with the memcoin it was trading at far low value and he took undue advantage of his position to influence and manipulate people to invest in Dogecoin and then after it crashed hard.The ATH went to $0.73 in 2021 and now it's at $0.078 so as expected people who holds it have lost majority of their funds in it because they were ignorant enough to invest under someone else influence and he has made huge profits out of it.The majority of supply was concentrated in few wallets meaning centralised sort of control and we all know the prices can be manipulated so for me it was expected.

This year marks a very unfortunate sequence of event and thats really hurt a lot of investors. But for surr this isnt the end of cryptomarket and that will change overtime. Many users believed that recovery will happened on 2024 to 2025 and that means that yesr of 2023 is an accumulation period. So better to keep dca until the bull arrives especially the prices now are cheap.

Ftx and luna were both fairly unexpected, but so was Doge the year before and quite a few other value readjustments (both up and down).

I don't think the market is down that much compared with previous bear cycles though - there's also a lot more entities in the market to lose money now though too so perhaps overall we're a lot lower than might've been expected from people investing in crypto companies via traditional routes (such as Coinbase's stock performing badly).

So much FUD it honestly feels like an orchestrated attack.  Not trying to initiate a conspiracy here.  It just feels like it.  Or way too many people jumped in the 'let's become Bitcoin rich by creating a company with fake reserves' wagon and caused this FUD volcano.

I truly believe the up and coming years will offer more positive news and the Market will rebound.

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Regards,
PrivacyG

Yeah, just a reminder how volatile crypto market is, although we haven't had a big crash like the Mt. Gox years ago, but still there are black swan events that are comparable to it. Specially the collapse of FTX that really put the market at the edge again.

And not only this kind of events, but they are a couple of FUDs around that will somewhat affect us.

In any case, those who remained in the market would need a lot of patience and think for the long term and then take advantage to buy when the price goes down hard because of this events.

These are some of the challenges that a knowledgeable bitcoin enthusiast will face in order to reap the benefits of their investment later. It was difficult to remain patient throughout this process and continue to rely on bitcoin to maintain its value despite the obstacles it faces from both the masses and the government.

Indeed, 2022 was full of disappointment, which affected some people mentally, but the strong ones who were mentally prepared for the aftermath remain optimistic; those are the true market heroes. Hopefully, 2023 will be better, with fewer problems arisen than this years.

Each year will always comes with it own good and challenges in diverse means and having the year running towards an end yet in the dip with crypto market signifies that nothing much is been anticipated for in this year than to have next year come in with new hopes for the price to surges, bitcoin has always been the lead in crypto market and things are probably going to turn a new leaf come 2023 which will serve a year to bitcoin halving, bitcoin has also serves the major role of exposing shitcoins during this kind dip period, but it's much a pity alot of these attrocities were attributed to altcoins and centralized exchanges that poss the more threat on investors with them.

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